L'Oréal in India

In India, where most beauty products sell for less than $1, L'Oréal is betting its future on products costing three to 20 times as much, aiming at the growing ranks of middle-class women. (See related article.)

Updated July 13, 2007 12:01 a.m. ET

Updated July 13, 2007 12:01 a.m. ET

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